Man Unveils New Incubation Platform

Jul 25 2007 | 11:34am ET

Man Global Strategies and Plinthos Capital today unveiled its Founders Incubation Platform, a seeding and incubation platform for U.S.-based hedge fund managers.

The Founders Program combines a traditional seeding platform with a multi-strategy investment platform, and aims to provide entrepreneurial portfolio managers with an infrastructure and sufficient capital so they can concentrate solely on asset management, according to the firm.

Man Global, which manages US$19 billion in assets, provides the investment and working capital for the incubation platform while Plinthos provides infrastructure support, which includes office space, trading execution technology, and legal and compliance support. Simon Irish, head of U.S. manager selection for MGS, will lead the initiative.

“The Founders Program will enable us to support some of the best money managers to develop sustainable asset management businesses with long-term performance potential,” said Alexander Lowe, CEO of Man Global Strategies.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note